SFGTV: San Francisco Government Television
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after washington dc that follows suit, that follows washington dc, so again a little like the giants that want to be number one. today is december, 12, 2012 which is 12-12-12. kind of scary. i would like to quote rem. "it's the end of the world as we know it but we're just fine". we are just fine because we're beginning really 12 months that will be exciting and fun for all of us. as you all have mentioned italians have made a lasting contributions in building this city, and in making what it is, the city that is international, innovative and open. it's difficult to name names but let me mention angela rosy and judge misconnie and in city hall and in the hearts and minds of san franciscans. let me mention ap geny and found an important bank and the inventor what we call the micro credit and helped the city recover from the big earthquake of 1906. guy mo roller who was the founder, established the opera in san francisco, by the way there's an italian directing the opera and laurence fergetty and 93 and good friend of the community. he is the father of the b generations and the guy tha
after washington dc that follows suit, that follows washington dc, so again a little like the giants that want to be number one. today is december, 12, 2012 which is 12-12-12. kind of scary. i would like to quote rem. "it's the end of the world as we know it but we're just fine". we are just fine because we're beginning really 12 months that will be exciting and fun for all of us. as you all have mentioned italians have made a lasting contributions in building this city, and in making...
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Dec 29, 2012
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. >> coming up, who do americans blame for the stalemate in washington? good afternoon to you. i'm craig melvin. you are watching msnbc, the place for politics. this hour we are going look at the big picture. what's happening on capitol hill right now and how congressional leaders are working with the white house. plus, what it all means for your paycheck as higher payroll taxes are only days away unless congress acts. one step forward, two steps back. president obama and republican lawmakers have been dancing that waltz for six weeks now, but the music stops when the countdown clock at the bottom of your screen runs out. so where do fiscal cliff talks stand at this critical hour? nbc's kristen welker is on the north lawn and luke russert are both following developments this saturday afternoon. kristen, i'll start with you. any indication at this particular point as to what's happening behind closed doors this afternoon? >> reporter: well, i think most of the action is going on in the hill where staffers with majority leader reid and minority leader mcconnell are trying to conj
. >> coming up, who do americans blame for the stalemate in washington? good afternoon to you. i'm craig melvin. you are watching msnbc, the place for politics. this hour we are going look at the big picture. what's happening on capitol hill right now and how congressional leaders are working with the white house. plus, what it all means for your paycheck as higher payroll taxes are only days away unless congress acts. one step forward, two steps back. president obama and republican...
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Dec 29, 2012
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>> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that they could that the fiscal cliff deadline lapse and then in the new year try to look at it in january to reduce taxes on those people while raising them for the rich, but that is after dropping off. >> we have learned that nancy pelosi is saying that senate leaders will try to craft a fiscal cliff deal. as ben said, they are not giving any details, no specifics, they're not going to, but nancy pelosi said it will try to craft some sort of deal to avoid heading off the edge of the fiscal cliff. >>> the outgoin
>> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a...
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Dec 29, 2012
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>> randy, by washington standards, that is progress. and i know it's hard to believe but the fact that all these leaders left this meeting in agreement about the next step is a hopeful sign. the good news is that this could have been much worse. they could have come out of the meeting saying it's impossible to reach an agreement, we cannot even begin negotiation, there will be no deal. that did not happen. so the fact that they have a game plan for the weekend and for the next steps, it's better than a lot of people hoped for. so now everyone's holding their breath. >> i guess we have to be thankful for the little things. but how did we get here? we heard the president say today he's mildly optimistic. why? >> that optimism has to do with the fact that it could have been worse, that all the parties in there did want to get to a deal, that they would rather find a way out of this instead of going over the cliff, but the bigger picture is you said how did we get here and the problem is what they're fighting over, while it seems silly and
>> randy, by washington standards, that is progress. and i know it's hard to believe but the fact that all these leaders left this meeting in agreement about the next step is a hopeful sign. the good news is that this could have been much worse. they could have come out of the meeting saying it's impossible to reach an agreement, we cannot even begin negotiation, there will be no deal. that did not happen. so the fact that they have a game plan for the weekend and for the next steps, it's...
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Dec 29, 2012
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we must never forget the geopolitical decisions made in washington have a real and lasting impact on individuals around the world. aung san suu kyi, on your landmark visit to the united states let me congratulate you on making a tremendous difference in burma and the rest of the world. you are a true inspiration for all of us. as leader of the opposition your responsibilities are significant but in my opinion there's nothing you cannot accomplish. when you address the subcommittee and asia pacific i was overcome with emotion by your resolved and spirit. you asked congress to support myanmar and her people and i am happy to report we have not. [applause] >> ladies and gentlemen, the senator from california, the hon. dianne feinstein. >> mr. speaker, nancy pelosi, mrs. bush, harry reid, leader mcconnell, secretary of state hillary clinton and my colleagues in government this is a special day to honor a special person in a special place. for many years i have followed tragedies and victories of this uncommonly courageous and persistent woman. in 1988 she quickly rose to be the voice of
we must never forget the geopolitical decisions made in washington have a real and lasting impact on individuals around the world. aung san suu kyi, on your landmark visit to the united states let me congratulate you on making a tremendous difference in burma and the rest of the world. you are a true inspiration for all of us. as leader of the opposition your responsibilities are significant but in my opinion there's nothing you cannot accomplish. when you address the subcommittee and asia...
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Dec 29, 2012
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or citizens for responsibility and ethics in washington. she's talking about the office of congressional ethics, the only government body outside of congress whose sole mandate is to formally investigate members inside congress, but many of the same members of congress want the oce gone. >> the oce has forces members of congress to take ethics more seriously. it has forced the ethics committee to act and let all members of congress know they can't skate by like they have for so many years with unethical conduct going on. >> c.r.e.w. is considered by some to be left leaning and liberal, but they're not the only ones worried about the oce. >> one of your counterparts say members will go out and say they support the oce while privately they're trying to kill it. do you think that's true? >> yes. that is true. >> this man is chairman of the conservative right-leaning national legal and policy center. >> if oce goes away, if the members are not named, if it's not reauthorized, what message does that send to the public? >> it sends a message to t
or citizens for responsibility and ethics in washington. she's talking about the office of congressional ethics, the only government body outside of congress whose sole mandate is to formally investigate members inside congress, but many of the same members of congress want the oce gone. >> the oce has forces members of congress to take ethics more seriously. it has forced the ethics committee to act and let all members of congress know they can't skate by like they have for so many years...
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Dec 29, 2012
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and paul, you are a well-known veteran of all things washington. what is really going on behind the scenes right now as we wait to learn if they can reach a compromise or not? >> you know, the sound bite you ran at the top of this piece just i think showed the frustration that so many people have about this, and i think what we're really going to see here is kind of a the phrase small ball is back. we're not going to get any kind of a grand bargain, a term that's been tossed around lately. i think all we're going to get is simply a smaller tax deal. the big thing is things are going to work out -- they're going to work out something that will keep taxes rising for most people. the main point of disagreement, of course, remains this will kick over into the new year what to do about folks making i think probably $250,000 or more although the $400,000 figure has been kicked about, as well. and the other thing probably that appears to be on the table extending unemployment insurance for 2 million americans. that appears to be it. the other things that
and paul, you are a well-known veteran of all things washington. what is really going on behind the scenes right now as we wait to learn if they can reach a compromise or not? >> you know, the sound bite you ran at the top of this piece just i think showed the frustration that so many people have about this, and i think what we're really going to see here is kind of a the phrase small ball is back. we're not going to get any kind of a grand bargain, a term that's been tossed around...
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Dec 29, 2012
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i first came to washington d.c. may 1st 1961. .. food was good. and someone said, should be above because this may be like the last supper. the next day, may 4, 1961, we left washing 10, traveling from here on our way to new orleans. the first incident occurred in charlotte, north carolina. back in 1961, black people in way people could be seated together on a greyhound bus. couldn't share the same waiting room, the same restroom facilities. segregation was the order of the day. in charlotte, north carolina in may 1961, young african-american man entered a so-called weight waiting room. he went into the waiting room and later into the barbershop and tried to get shoe shine. he was arrested and taken to jail. the next day, went to trial in the jury dismissed the charges against him. on the same afternoon, a yahweh gentleman by the name of abbott, bigelow, wonderful man from connecticut. the two of us tried to enter a so-called weight waiting room. we were met by a group of young men who beat some of the slaying of april were. the local authorities
i first came to washington d.c. may 1st 1961. .. food was good. and someone said, should be above because this may be like the last supper. the next day, may 4, 1961, we left washing 10, traveling from here on our way to new orleans. the first incident occurred in charlotte, north carolina. back in 1961, black people in way people could be seated together on a greyhound bus. couldn't share the same waiting room, the same restroom facilities. segregation was the order of the day. in charlotte,...
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Dec 29, 2012
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to give you one example, i first came to washington d.c. they first come in 1861 to go on something called a freedom ride. 18 of us, seven right and six african-americans came here may 1st. we participated in nonviolent workshops and i will never forget him the night of may 3rd, someplace in downtown washington, we went to a chinese restaurant. growing up in rural alabama, going to school in nashville i'd never been to a chinese restaurant before. never had a meal at a chinese restaurant. but at night we had a wonderful meal. food was good and someone said, you should eat while because this may be like the last supper. the next dan may 4, 1961, we left washington, traveled from here on our way to new orleans. the first incident occurred in charlotte, north carolina. back in 1861, but he floodway people couldn't be seated together on a greyhound bus. could you share the same weight room come the same restroom facilities. segregation was the order of the day. the charlotte, north carolina in may 1961, young african-american man entered the so
to give you one example, i first came to washington d.c. they first come in 1861 to go on something called a freedom ride. 18 of us, seven right and six african-americans came here may 1st. we participated in nonviolent workshops and i will never forget him the night of may 3rd, someplace in downtown washington, we went to a chinese restaurant. growing up in rural alabama, going to school in nashville i'd never been to a chinese restaurant before. never had a meal at a chinese restaurant. but...
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Dec 29, 2012
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it will solve washington's budget crisis. what do people do when money is tight? they hold a garage sale . >> state owned businesses like amtrak to california. is it time for the federal government to sell what they don't need? >> instead of raising taxes that takes money out of the economy and lower economic activity we utto look at selling federal assets. >> like the va billions . both cases pol tiddingses said no. >> congressman representing the district and they want to make they are taken care of and sometimes that may get in the way of what is best for the next. >> the federal government is america's biggest landlord and selling 20 percent of the empty or unperforming buildings stave two billion. >> you go to the garage and clear it out. the government is it no defendant. >> they refuse to sale valuable public land . let mining companies take billions for free . without charging royalties like we do for oil and natural gas. two taxpayer owned utilities and power would bring in more. a commission could over see the sale to overcome partison op. >> looking at
it will solve washington's budget crisis. what do people do when money is tight? they hold a garage sale . >> state owned businesses like amtrak to california. is it time for the federal government to sell what they don't need? >> instead of raising taxes that takes money out of the economy and lower economic activity we utto look at selling federal assets. >> like the va billions . both cases pol tiddingses said no. >> congressman representing the district and they want...
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Dec 29, 2012
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we'll see whether they make it back to washington the members of congress. straight ahead, disturbing new intelligence tonight. there is new information about north korea and we have the pictures to back it up and you will see the photos for yourself. that's next. and also on a much lighter note, videos gone viral. it is impossible to escape the call me maybe phrase. go to greta wire .com and post your picks. coming up see if your favorite made our list. okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with speci perks on united. get it and you're in. they don't help single moms. hi! hi! [ sarah ] what happened to our house last year? [ daughters ] it flooded and the water flooded out. yeah. [
we'll see whether they make it back to washington the members of congress. straight ahead, disturbing new intelligence tonight. there is new information about north korea and we have the pictures to back it up and you will see the photos for yourself. that's next. and also on a much lighter note, videos gone viral. it is impossible to escape the call me maybe phrase. go to greta wire .com and post your picks. coming up see if your favorite made our list. okay, here's the plan. you have a plan?...
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Dec 29, 2012
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i'm candy crowley in washington with the latest on the fiscal cliff negotiations. there was a big meeting at the white house today between the president and the four leaders, two republicans and two democrats on capitol hill. senator harry reid told reporters afterwards that the next 24 hours would be very important, as he and republican leader mitch mcconnell try to put together something that would pass both of their caucuses, that republicans in the senate would vote for and that democrats in the senate would vote for. and then, of course, it would have to go to the house. now, the majority leader senator reid said he's readying a bill for a vote on monday to prevent a tax hike on incomes up to $250,000. senator reid said his bill will include all of the additional provisions that the president outlined that include long-term unemployment benefits, a continuation of those. that would be sort of the plan b for democrats simply because what they would rather do is get a bill with senator reid working in conjunction with senator mcconnell. senator reid said he's aw
i'm candy crowley in washington with the latest on the fiscal cliff negotiations. there was a big meeting at the white house today between the president and the four leaders, two republicans and two democrats on capitol hill. senator harry reid told reporters afterwards that the next 24 hours would be very important, as he and republican leader mitch mcconnell try to put together something that would pass both of their caucuses, that republicans in the senate would vote for and that democrats...
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Dec 29, 2012
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he was writing the best column in washington. and he was the most widely syndicated black columnist in america and he opened a program in native mississippi to help children and to help those children grow, just a wonderful man. we lost him this year.
he was writing the best column in washington. and he was the most widely syndicated black columnist in america and he opened a program in native mississippi to help children and to help those children grow, just a wonderful man. we lost him this year.
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Dec 29, 2012
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we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you ever thought you were going to be world famous for cross dressing. >> never in a million years. even the first time i did it, i didn't think it would last as long as it did. >> the greatest gift in my life is what my audience has given me. >> and she's a fine girl. brandy back to the spotlight and speaking from the heart about her mentor, whitney houston. >> i felt like i wasn't there for her enough at the end of her life. >> this is "piers morgan tonight." >>> now to the man of the hour, tyler perry. welcome, tyler. >> thank you, thank you. >> are you nervous? >> a little bit. a little bit. >> had a word with my friend. >> she tol
we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you ever thought you were...
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Dec 29, 2012
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, washington is usually pretty quiet this time of year. but not this weekend. lawmakers are trying to find a plan to stop us from going over the so-called fiscal cliff. good luck with that. here's what we know so far. it's up to the senate to pass a plan at this point, aides for democratic leader harry reid and republican leader mitch mcconnell are trading proposals. even if they agree, they still need the support of the caucuses. that's no sure thing. then the plan needs to pass the house too. and speaker john boehner has shown he can't control how his caucus votes. if the senate fails to act, president obama wants it to consider a much smaller plan, one that at least would stop middle class tax hikes, at least. but republicans could block a vote on that. did you get all that? >>> by now, you're probably asking how did we get in this mess? cnn's ali velshi breaks it down for us. >> now we have passed a bold package of tax relief for america's families and businesses. >> reporter: it starts more than a decade ago, when then president georg
, washington is usually pretty quiet this time of year. but not this weekend. lawmakers are trying to find a plan to stop us from going over the so-called fiscal cliff. good luck with that. here's what we know so far. it's up to the senate to pass a plan at this point, aides for democratic leader harry reid and republican leader mitch mcconnell are trading proposals. even if they agree, they still need the support of the caucuses. that's no sure thing. then the plan needs to pass the house too....
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Dec 29, 2012
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this is sears >> good morning, washington. winter weather possible today, especially north and west of the city. temperatures generally above freezing. thes all arranged to southeast. in annapolis. if you light snow showers in the .areastown we have two systemsoming at us, one from the tennessee the and another from carolina coast. will miss the area.gton have a winter weather advisory until 6:00. and they could have anywhere from 1-3 inches of snow activit 2-for may be closer to north and west to get. be all ranid to the south. mostly rain. high's 35-40. >>> give me the rope from under the seat. >> take a look at this dramatic chain reaction, ice rescue in the mountains of california. one by one, he's sledders plunging into the icy waters. and the whole thing was caught on tape. coming up, how all these people were saved in a matter of moments. 12 people falling into the ice. horrifying video. >> incredible video. we'll show you the rescue in a few minutes. good morning, america. i'm dan harris, alongside bianna golodryga on
this is sears >> good morning, washington. winter weather possible today, especially north and west of the city. temperatures generally above freezing. thes all arranged to southeast. in annapolis. if you light snow showers in the .areastown we have two systemsoming at us, one from the tennessee the and another from carolina coast. will miss the area.gton have a winter weather advisory until 6:00. and they could have anywhere from 1-3 inches of snow activit 2-for may be closer to north...
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>> you've been watching washington for a long time. are there grown-ups in the house? can these guys come to an agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his caucus. this is the reality check, folks, 98% is agreed upon. 98% of americans shouldn't have their taxes raised. we're being held hostage by debate over the top 2%. that's a partisan divide. every american stands to see their taxes raised in three days if they can't come to a deal. >> you agree they will probably come to a small deal. but the bigger issue could happen a couple of months from now, and that that's the debt ceiling. that's kicking the can down the road again. >> that's right. we're going to be here again. remember the debt ceiling debacle a year and a half ago. that led to the downgrading of our credit. and the s&p blamed an atmosphere of partisanship. but the ration questions americans have to ask themselves, is if we couldn't get anything done in the lame duck congress, after the election, politicians will be free t
>> you've been watching washington for a long time. are there grown-ups in the house? can these guys come to an agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his caucus. this is the reality check, folks, 98% is agreed upon. 98% of americans shouldn't have their taxes raised. we're being held hostage by debate over the top 2%. that's a partisan divide. every american stands to see their taxes raised in three days if they can't come to a...
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Dec 29, 2012
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let's get straight to washington. nbc's kristen welker at the white house and luke russert is tracking developments at capitol hill and nbc news senior political editor mark murray is here to break it down for us from the washington bureau. we will start with kristen. last we heard, kristen welker, the president came out to report that he is modestly optimistic. has the rhetoric changed at all today? >> reporter: it has changed a little bit. the president is still modestly optimistic, but i just spoke with a democratic source who tells me at this hour a deal is looking doubtful. of course, we want to underscore the fact that these negotiations are very fluid so that characterization could change at any moment, but it seems as though the discussions going on behind the scenes right now have yet to bear fruit and right now we do have the focus on the senate. majority leader reid and mitch mcconnell trying to hammer out a deal that would, to some extent extend the bush-era tax cuts for those making $250,000 although we m
let's get straight to washington. nbc's kristen welker at the white house and luke russert is tracking developments at capitol hill and nbc news senior political editor mark murray is here to break it down for us from the washington bureau. we will start with kristen. last we heard, kristen welker, the president came out to report that he is modestly optimistic. has the rhetoric changed at all today? >> reporter: it has changed a little bit. the president is still modestly optimistic, but...
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washington post again, this is another poll that was taken. it's a gallop poll and it shows that 58% of folks in the country, up from 44%. 58% support new gun measures. but when you ask them what kind of measures, the numbers begin to fall off the considerably. it's akin to asking folks about tax loopholes and they will say, yeah, close the loopholes and then we talk about specific ones and they say, we do not want to lose mortgage interest deduction. what do we do? >> it's, you cannot have your cake and eat it too. you know, that is kind of what the situation with guns that we are looking at, i think, you know, just to back up a little bit. in terms of the part you were talking about in terms of the government taking your guns. we need to remember that one of the biggest members of the nra are gun manufacturers, who benefits from the sales of guns? the gun manufacturers, the nra is a huge -- they are ones that are stoking the fear of guns being taken away. they get a dollar of a sale of a gun or a package of ammunition at many stores. so they
washington post again, this is another poll that was taken. it's a gallop poll and it shows that 58% of folks in the country, up from 44%. 58% support new gun measures. but when you ask them what kind of measures, the numbers begin to fall off the considerably. it's akin to asking folks about tax loopholes and they will say, yeah, close the loopholes and then we talk about specific ones and they say, we do not want to lose mortgage interest deduction. what do we do? >> it's, you cannot...
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. >> you've been watching washington for a long time. are there any grown-ups in the house? do you have any optimism that these guys can come to some sort of agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his own caucus. the problem is the polarization of the two parties has made it much more difficult to come together to get a deal. even, and this is the reality check, folks, 98% is agreed upon. both parties agree that 98% of americans shouldn't have their taxes raised. we're being held hostage by debate over the top 2%. that's not just an ideological divide. that's a partisan divide. it is holding our economy hostage right now. every american stands to see their taxes raised in three days if they can't come to a deal. >> you agree they will probably come to a small deal. but the bigger issue could happen a couple of months from now, and that that's the debt ceiling, which we have to address, too. that's kicking the can down the road again. >> that's right. we're going to be here again. rememb
. >> you've been watching washington for a long time. are there any grown-ups in the house? do you have any optimism that these guys can come to some sort of agreement here? >> we saw last week, that speaker boehner doesn't control the far right of his own caucus. the problem is the polarization of the two parties has made it much more difficult to come together to get a deal. even, and this is the reality check, folks, 98% is agreed upon. both parties agree that 98% of americans...
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Dec 29, 2012
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good night from washington. >> harris: this is the fox report. tonight, they are feeling the heat in washington. an urgent meeting at the white house. then the president calling a last-minus conference as they posture each hour we get closer to true damage to our paychecks and retirement funds. deep cuts to our military and more. the story developing this hour. lawmakers may not be able to stop one of the largest tax hikes in u.s. history. >> i'm optimistic we may still be able to reach an agreement that can pass both houses in time. >> we'll be working hard to try to see if we can get there in the next 24 hours. >> harris: the man made economic nose dive just days away. can they get a deal done? >> if we don't have a deal within the next 24 hours, the question is, whether you where do you buy a parachute. >> the last minute move to save us from the fiscal cliff. and, a shooting inside a politician. -- police station. officers down and a suspect dead. >> i saw them throw somebody into an ambulance. >> in moments, what we know about how this happe
good night from washington. >> harris: this is the fox report. tonight, they are feeling the heat in washington. an urgent meeting at the white house. then the president calling a last-minus conference as they posture each hour we get closer to true damage to our paychecks and retirement funds. deep cuts to our military and more. the story developing this hour. lawmakers may not be able to stop one of the largest tax hikes in u.s. history. >> i'm optimistic we may still be able to...
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host: next up is don on the washington redskins. -- "washington journal." caller: i've been on social security for several years now. it's my understanding that the amount of money that you pay in through the payroll tax affects the amount of social security that you receive and it looks to me like people are under the illusion that this 2% is a good deal but at the same time, why they're going to be shortening themselves when they retire. is that right? guest: so that's a good question. it actually isn't really right. so the payroll tax is basically being used as a vehicle to deliver the tax cuts to workers. the way the federal budget accounting works is that the money that is not going into the social security system via the reduced payroll tax, is being reimbursed from general revenue so the reduced -- the reduced payroll tax from the last few years will not affect benefits that you accrue for the future. host: mark of the american enterprise institute writes under the headline "make the middle class pay more." he says -- host: your thoughts about what m
host: next up is don on the washington redskins. -- "washington journal." caller: i've been on social security for several years now. it's my understanding that the amount of money that you pay in through the payroll tax affects the amount of social security that you receive and it looks to me like people are under the illusion that this 2% is a good deal but at the same time, why they're going to be shortening themselves when they retire. is that right? guest: so that's a good...
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>> kristin welker in washington, thanks. >>> john harwood is cnbc's chief washington correspondent. good morning to you. >> good morning, carl. >> we are down to the wire. a couple of days left. senate leaders are talking. what kind of deal could we be looking at? >> we could be looking at a deal that extends tax cuts for everyone under $400,000 in income. this is the spot that people have been discussing. it was the last offer from the president to john boehner, the house speaker, before negotiations collapsed. it would do a few other thing like take care of the alternative minimum tax, protect taxpayers from the expansion of that burden. it would also raise medicare reimbursements for doctors or prevent them from falling, rather, extend unemployment benefits. the irony is that this is a much worse deal for republicans than they could have had earlier because it's not likely to include spending cuts or reforms of entitlement programs. at this point, republicans are knowing that they'll lose the tax debate are trying to figure out what are the least bad terms they can lose on. >> yo
>> kristin welker in washington, thanks. >>> john harwood is cnbc's chief washington correspondent. good morning to you. >> good morning, carl. >> we are down to the wire. a couple of days left. senate leaders are talking. what kind of deal could we be looking at? >> we could be looking at a deal that extends tax cuts for everyone under $400,000 in income. this is the spot that people have been discussing. it was the last offer from the president to john...